Merimbula NSW 2548

Hotel, Motel, Pub & Leisure
1 m²
Sold

EXCEPTIONAL INVESTMENT OPPORTUNITY - 851MI

- This is an extremely good investment opportunity!

- One of Merimbula's most popular motels has its investment component available for you to add to your Investment Portfolio!

- This is a must to inspect!

- 29 exceptionally maintained units.

- Centre Town location in Merimbula, hub of the Sapphire Coast.

- Showing 7.1% return and with a further rental increase in October, you can't go wrong.

- Don't Miss It! Contact us now for further details.

Merimbula is just under six hours' drive from Sydney, 7hrs 30 mins from Melbourne and three hours from Canberra. It is a small, charming seaside town that is the holiday 'resort' of the Sapphire Coast and welcomes many thousands of tourists throughout the year. The principal activities for visitors are fishing, swimming, surfing, boating, lake cruises, scuba diving, sailboarding, canoeing.

Annual Rent: $242,658 plus GST

Contact Jen Todd from Tourism Brokers for further information or to arrange an inspection.

Property ID: 851MI (quote when enquiring)

Property Code: 4665